January 26, 2022

5 Free Tools to Help IBs & Forex Affiliates

Forex Partner 2022 -Make a Great Monthly Income

2022 could be a special year for Introducing Brokers or IBs. The inflation problem and expected interest rate rises [1] stimulate public interest in alternative investments and independent money management. The crypto boom in 2020 and 2021, plus the trend to work from home, create a new awareness of online trading. People worldwide are increasingly keen to take responsibility for their financial futures.

The current market conditions are challenging on many levels. Successful online forex affiliates already see opportunities to earn high commissions and target people who previously relied on traditional financial institutions. Introducing Brokers, in particular, are keen to sign up high-value traders and bring them to top quality regulated brokers with high paying partner programs.

What is an Introducing Broker (Forex Affiliate)?

An Introducing Broker Introducing Broker – usually just called an IB – is a forex affiliate (or an expert in stocks, cryptos, commodities and other assets) who builds a close professional relationship with online traders. The traders become the IB’s clients, and he refers them to online brokers like AvaTrade. The IB may try to negotiate special trading terms for his clients and advise them on their trading while they are active with the broker.

Introducing Brokers receive tailored commission plans that allow them to earn high commissions based on their clients’ trading activity and performance. A skilled IB can develop several income streams from a single client. They can charge clients fees (or take a commission on client profits) and simultaneously earn commissions from the broker partner program.

IBs aren’t restricted to client management; they can also earn lucrative CPA, Hybrid CPA or RevShare commissions as online affiliates (website traffic) and branch out as Money Managers or other Service Providers. Some successful IBs expand their businesses to earn high affiliate commissions from call centers and trading academies.

IBs (Introducing Brokers) and Forex Affiliates aim of growing their business is well aligned with the online brokers’ interest in recruiting new traders. This makes an affiliate partnership programme a win-win for both sides. Because the IB or affiliates are already focusing on bringing new traders to the online brokerage, an effective online broker should be dedicated to helping their partners accomplish just that.

When given the correct tools, IBs and affiliate marketers can significantly increase their commissions and turn their business into an extremely lucrative one. This is why choosing the right online broker to partner with is essential for the IB and affiliates’ success.

Try to partner with an online broker which provides the following:

  • Expertise and offers own personal dedicated account manager
  • The correct tools to help increase quality traffic
  • Helps expand one’s client base
  • Cutting edge technology that can track affiliates performance and commissions

These tools provided by the online brokerage can be further divided into two categories:

  • Tools dedicated to CFD and Forex Affiliates
    These include embeds and promotional material that affiliate partners can use in their email campaigns, on their website, and used across different platforms to increase conversions and thus commissions.
  • Tools dedicated to Introducing Brokers
    These tools will keep their customers happy with the broker’s trading services provided, and thus the IB’s will be able to increase their commissions.

Here are 5 FREE Tools that AvaTrade offers IBs, and forex affiliates grow:

  • Marketing tools:
    Banners, Mailers, Widgets, Landing pages, Other embeddable promotional material for one’s website.
  • Tracking and reporting tools to ensure IBs and affiliates’ success:
    A state-of-the-art performance tracking and reporting platform for IBs and affiliates to see their commissions and customer’s trades. This allows partners not only to monitor performance but also to identify areas of improvement for further increasing commission. AvaPartner’s dashboard, for example, utilises cutting edge technology that offers real-time transparency and reporting; elements that are vital to a partner’s ongoing success.
  • Educational Tools
    Video tutorials and trading e-books that help both beginners and advanced traders. These tools will help IBs’ customers improve their trading capabilities and resultantly the commission for IBs.
  • Best Trading Tools
    Having access to the right trading tools can make a huge difference when it comes to placing profitable trades. With AvaTrade, you can choose an array of different trading platforms and software. These electronic trading platforms stream live market prices and provide additional trading tools, such as charting. AvaTradeGO is also a grat example of a unique mobile trading application that also provides live feeds and social trends.
  • A Demo Tool
    This is an extremely important tool that enables one to set up a demo account and start practising trading the markets and becoming accustomed to the trading platform.

In conclusion

These 5 free tools mentioned here will collectively facilitate IBs and affiliate marketers to efficiently expand their customer base. More customers mean more revenue and as a result, higher profitability and business growth. Contact AvaPartner to see how we can help your business grow!

FAQs

Can I make money as an Introducing Broker IB?

If you have some basic financial background knowledge, and some people skills, you can probably make money as an IB. Plenty of online affiliates see opportunities to bring high value traders to brokers and earn high commissions. Becoming an IB is often a logical step for an online affiliate. If you want to make money as an IB, it’s always worth talking to AvaPartner. If you think you can develop as an IB they will be happy to hear from you. You’ll get plenty of good advice and encouragement. You’ll also be able to negotiate a personal commission plan to make money as an introducing broker.

Do you need financial qualifications to make money as an Introducing Broker IB?

Different jurisdictions have their own financial services regulations. If you want to make money as an IB or introducing broker, you need to check the laws in the countries where you plan to operate. As long as you are completely open about your expertise and background, you shouldn’t encounter any difficulties. There are plenty of IBs who don’t have formal financial qualifications, and still earn high commissions from broker partner programs. Successful IBs often get new clients via their own online profiles and by word of mouth. If you have a good reputation, and help your clients to make money – you will earn a high income as an introducing broker.

Does AvaPartner pay high commissions to Introducing Brokers?

AvaPartner pays high commissions to all its affiliate partners! AvaPartner has paid out more than $250,000,000 in commissions to date: The numbers speak for themselves. If you become an IB at AvaPartner, there are no limits on how much money you can earn. You will also receive practical help with high converting marketing materials, and can request tailored trading packages for your high value clients. 2022 is hopefully going to be an exciting year for broker affiliates. If the COVID pandemics are finally under control, we’ll see the return of major affiliate conferences. Introducing brokers will have excellent opportunities to meet AvaPartner, brainstorm, network and earn even more money.

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